A lot of small businesses use Amazon Marketplace to sell products to a wide audience. Amazon directly sells some products to customers, but more than half of the products sold on the platform are from third-party sellers.
Selling on Amazon is easy, and many businesses rely on the platform for most of their sales. Sellers compete to get customers, rank high in search results and get the coveted “best seller” tag. However, sometimes the competition turns sour. Some sellers are sabotaging their competition to get ahead.
The world’s richest man, Amazon.com founder Jeff Bezos, has accused the National Enquirer’s owner of trying to blackmail him over lewd pictures.
Mr Bezos said the magazine’s parent company American Media Inc (AMI) wanted him to drop an investigation into how it obtained his private messages.
Mr Bezos and his wife, MacKenzie, said last month they were getting divorced.
Amazon now finds itself in an elite group of companies whose annual revenue can be measured in the hundreds of billions.
The company said Thursday that its holiday quarter sales hit $72.4 billion, up 20% from the same period a year earlier and at the high end of its previous forecast. The strong end to the year pushed Amazon’s annual revenue to an impressive $232.9 billion.
But sales growth is slowing as Amazon (AMZN) runs up against the law of large numbers. Its 20% sales growth for the quarter was well below the 38% growth it saw in the same period a year earlier.
If you’re a dedicated cord-cutter or a rural viewer without reliable cable, on-demand access to your favorite network shows can be a pain to find. Sure, a quality HDTV antenna is a great way to get local programming for many, but who has the patience to rearrange their schedules for appointment viewing in the streaming era? Thankfully a whole new generation of over-the-air (OTA) DVRs has emerged to solve this problem, including Amazon’s own Fire TV Recast.
Retailers are battling hard over toys, flat-screen TVs and new tech gadgets this holiday season, and Amazon appears to be in a strong position.
The company said on Tuesday that it sold 18 million toys between Thanksgiving and Cyber Monday. Amazon did not disclose toy sales from last year, but it has been stockpiling toys since Toys “R” Us’ closed its stores in June.
Amazon (AMZN) expanded its toy efforts in the run-up to the holidays. It mailed out a 70-page toy catalog with top items and deals, and even began selling toys at Whole Foods. Last week, Amazon offered discounts on Barbie, Hot Wheels, Fisher-Price, and Lego.
It’s been just over month since Amazon announced the end of its the protracted search for its second headquarters and announced it would be expanding to Long Island City, New York, and Crystal City, Virginia, and adding an “operations hub” in Nashville. But rather than acclimating to the idea of Amazon in their midst, organizers in the three cities are doubling down on resisting it.
It’s Cyber Monday and Amazon has one deal for its customers that’s a little unexpected. The company just announced that it has made available, for free, the same machine learning courses that it uses to train its own engineers.
It’s a lot of information to digest — from a programming standpoint. According to a newly released statement by Matt Wood, an eight-year veteran of Amazon and a general manager of deep learning and AI at the company, there are more than 45 hours across 30 different courses that developers, data scientists, data platform engineers and business professionals can take gratis.
The mystery over which city or cities Amazon will choose for its second headquarters continues.
An Amazon executive on Saturday took a swipe at a Washington Post report that said the e-commerce giant was in advanced talks about opening its second headquarters, nicknamed HQ2, in Crystal City, Virginia. The report in the Jeff Bezos-owned Post, which cited “people close to the process,” said the Washington DC suburb is a frontrunner for the complex, which is expected to create 50,000 jobs and cost $5 billion.
As Amazon continues its rise as the world’s largest online marketplace, rival eBay charges that it got there by crossing a legal line.
eBay filed a lawsuit against Amazon in Santa Clara County on Wednesday alleging it fraudulently poached its high-value sellers by infiltrating an internal messaging system called M2M, In the filing, Ebay says its rival is “unwilling to fairly compete for third party seller business.”
Amazon declined to comment on the lawsuit.
eBay says the Amazon “scheme” violated its user agreement policies and “induced eBay sellers to do the same.”
Amazon is letting its customer ratings do the talking at its new store.
Called Amazon 4-Star, the new concept will stock items that customers have rated four stars or above, on average, according to a blog post announcing the store. That means it will include only the best of the best; Amazon says the current assortment averages 4.4 stars.
It opens Thursday in Manhattan’s SoHo neighborhood.